Charles Schwab Investment Management Inc. Boosts Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Charles Schwab Investment Management Inc. increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 5.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,109,988 shares of the real estate investment trust's stock after buying an additional 116,182 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.63% of Starwood Property Trust worth $43,002,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Artemis Investment Management LLP bought a new stake in shares of Starwood Property Trust in the 3rd quarter valued at approximately $9,580,000. International Assets Investment Management LLC lifted its stake in shares of Starwood Property Trust by 2,414.3% in the 3rd quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust's stock valued at $9,713,000 after purchasing an additional 457,631 shares during the last quarter. Lighthouse Investment Partners LLC bought a new stake in Starwood Property Trust in the second quarter worth $5,455,000. Van ECK Associates Corp increased its position in Starwood Property Trust by 27.1% during the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust's stock worth $26,106,000 after buying an additional 279,793 shares during the last quarter. Finally, Valley Wealth Managers Inc. lifted its position in shares of Starwood Property Trust by 30.3% in the third quarter. Valley Wealth Managers Inc. now owns 1,026,455 shares of the real estate investment trust's stock worth $20,919,000 after buying an additional 238,994 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on STWD shares. JMP Securities reduced their target price on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating for the company in a report on Thursday, November 7th. UBS Group upped their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating on the stock in a research note on Thursday, November 7th. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a "market perform" rating to an "outperform" rating and increased their price target for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Finally, Wells Fargo & Company lifted their target price on Starwood Property Trust from $22.00 to $24.00 and gave the stock an "outperform" rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $22.25.

Starwood Property Trust Price Performance

Shares of STWD traded down $0.08 during midday trading on Monday, hitting $20.29. The company's stock had a trading volume of 1,450,382 shares, compared to its average volume of 2,291,579. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a one year low of $18.43 and a one year high of $22.29. The stock has a market capitalization of $6.84 billion, a price-to-earnings ratio of 17.42 and a beta of 1.70. The company's fifty day simple moving average is $19.96 and its two-hundred day simple moving average is $19.79.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.05. The business had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. Starwood Property Trust's quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 earnings per share. As a group, equities analysts expect that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current fiscal year.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.